Data / Bank failures / 1986 / Columbia Community Bank
Columbia Community Bank, Hermiston, OR: failed October 3, 1986
Columbia Community Bank in Hermiston, Oregon, failed on October 3, 1986. Inland Empire Bank of Hermiston, OR, took over its deposits. It held $5.3 million in assets and $5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1 million (19.9% of its assets). By assets it was the 198th largest of 204 banks closed or assisted in 1986.
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The FDIC's record
- Closed
- October 3, 1986
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Inland Empire Bank, Hermiston, OR
- Total assets
- $5,257,000
- Total deposits
- $4,977,000
- Estimated cost to the FDIC
- $1,044,476 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 22869
Other bank failures in Oregon, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Jackson County Fsa (assistance) | Medford | December 30, 1988 | $266.1 million | $275 million | $72.4 million | Jackson County FS&LA |
| American Home Savings (assistance) | Salem | December 15, 1988 | $403 million | $382.7 million | $145.3 million | American Home Savings A FSB |
| Peoples S&LA | La Grande | September 23, 1988 | $22.5 million | $19.8 million | $19.3 million | |
| Lewis and Clark State Bank | Lake Oswego | December 11, 1987 | $20.3 million | $19.8 million | $2.5 million | Key Bank of Oregon |
| Future S&LA | Albany | April 10, 1987 | $57.6 million | $57.7 million | $15.8 million | |
| Umpqua S&LA | Roseburg | January 16, 1987 | $108.2 million | $88.5 million | $11.9 million | |
| Lincoln S&LA (assistance) | Portland | July 23, 1986 | $261.7 million | $230.4 million | $25.2 million | Rainier Bank, NA |
| State FS&LA | Corvallis | December 6, 1985 | $563.9 million | $443.9 million | $249 million | Washington FS&LA |
Other failed banks Inland Empire Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| First American Banking Company | Pendleton | OR | November 16, 1984 | $18.6 million | $15.3 million | $2.2 million | Inland Empire Bank |
All bank failures in 1986 · All bank failures in Oregon · Every failed bank Inland Empire Bank took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.